0001127602-20-011552.txt : 20200319
0001127602-20-011552.hdr.sgml : 20200319
20200319191938
ACCESSION NUMBER: 0001127602-20-011552
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200317
FILED AS OF DATE: 20200319
DATE AS OF CHANGE: 20200319
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chang Andrew S
CENTRAL INDEX KEY: 0001468932
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34416
FILM NUMBER: 20729862
MAIL ADDRESS:
STREET 1: C/O PENNYMAC, 6101 CONDOR DRIVE
STREET 2: UPPER LEVEL
CITY: MOORPARK
STATE: CA
ZIP: 93021
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PennyMac Mortgage Investment Trust
CENTRAL INDEX KEY: 0001464423
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 270186273
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3043 TOWNSGATE ROAD
CITY: WESTLAKE VILLAGE
STATE: CA
ZIP: 91361
BUSINESS PHONE: (818) 224-7442
MAIL ADDRESS:
STREET 1: 3043 TOWNSGATE ROAD
CITY: WESTLAKE VILLAGE
STATE: CA
ZIP: 91361
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2020-03-17
0001464423
PennyMac Mortgage Investment Trust
PMT
0001468932
Chang Andrew S
C/O PENNYMAC MORTGAGE INVESTMENT TRUST
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE
CA
91361
1
Chief Financial Officer
Common Shares of Beneficial Interest
2020-03-17
4
M
0
4035
0
A
94367
D
Common Shares of Beneficial Interest
2020-03-17
4
M
0
3900
0
A
98267
D
Common Shares of Beneficial Interest
2020-03-17
4
M
0
3348
0
A
101615
D
Common Shares of Beneficial Interest
2020-03-17
4
F
0
2001
10.88
D
99614
D
Common Shares of Beneficial Interest
2020-03-17
4
F
0
1934
10.88
D
97680
D
Common Shares of Beneficial Interest
2020-03-17
4
F
0
1660
10.88
D
96020
D
Performance-Based Restricted Share Units
0
2020-03-17
4
A
0
4035
0
A
Common Shares of Beneficial Interest
4035
4035
D
Performance-Based Restricted Share Units
0
2020-03-17
4
M
0
4035
0
D
Common Shares of Beneficial Interest
4035
0
D
Performance-Based Restricted Share Units
0
2020-03-17
4
A
0
3900
0
A
Common Shares of Beneficial Interest
3900
3900
D
Performance-Based Restricted Share Units
0
2020-03-17
4
M
0
3900
0
D
Common Shares of Beneficial Interest
3900
0
D
Performance-Based Restricted Share Units
0
2020-03-17
4
A
0
3348
0
A
Common Shares of Beneficial Interest
3348
3348
D
Performance-Based Restricted Share Units
0
2020-03-17
4
M
0
3348
0
D
Common Shares of Beneficial Interest
3348
0
D
This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 23, 2017 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2017, 2018 and 2019. The PSU vested as to one-third on March 17, 2020 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2019 fiscal year was determined based on the Issuer's return on equity (ROE) of 12.02% for the period of January 1, 2019 through December 31, 2019 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 150%.
The reported amount consists of 10,988 restricted share units and 83,379 common shares of beneficial interest. The restricted share units are to be settled in an equal number of common shares of beneficial interest upon vesting.
This performance-based restricted share unit (PSU) award was granted to the Reporting Person on March 12, 2018 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2018, 2019 and 2020. The PSU vested as to one-third on March 17, 2020 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2019 fiscal year was determined based on the Issuer's return on equity (ROE) of 12.02% for the period of January 1, 2019 through December 31, 2019 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 150%.
The reported amount consists of 10,988 restricted share units and 87,279 common shares of beneficial interest. The restricted share units are to be settled in an equal number of common shares of beneficial interest upon vesting.
This performance-based restricted share unit (PSU) award was granted to the Reporting Person on February 12, 2019 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2019, 2020 and 2021. The PSU vested as to one-third on March 17, 2020 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2019 fiscal year was determined based on the Issuer's return on equity (ROE) of 12.02% for the period of January 1, 2019 through December 31, 2019 as measured against ROE targets established at the time of grant. The payout percentage for the award based on ROE achievement was 150%.
The reported amount consists of 10,988 restricted share units and 90,627 common shares of beneficial interest. The restricted share units are to be settled in an equal number of common shares of beneficial interest upon vesting.
Represents shares withheld for taxes upon vesting of performance-based restricted share units granted on February 23, 2017.
The reported amount consists of 10,988 restricted share units and 88,626 common shares of beneficial interest. The restricted share units are to be settled in an equal number of common shares of beneficial interest upon vesting.
Represents shares withheld for taxes upon vesting of performance-based restricted share units granted on March 12, 2018.
The reported amount consists of 10,988 restricted share units and 86,692 common shares of beneficial interest. The restricted share units are to be settled in an equal number of common shares of beneficial interest upon vesting.
Represents shares withheld for taxes upon vesting of performance-based restricted share units granted on February 12, 2019.
The reported amount consists of 10,988 restricted share units and 85,032 common shares of beneficial interest. The restricted share units are to be settled in an equal number of common shares of beneficial interest upon vesting.
/s/ Kisha Parker, attorney-in-fact for Mr. Chang
2020-03-19